The reference to copper demand/supply makes this relevant to AML & not to mention AMI...buckle up 

OZ Minerals CEO Cole says copper won't be hit by lower global growt

OZ Minerals chief executive Andrew Cole says any downturn in global economic growth won't automatically spill over to the copper price because of the red metal's increasing importance as a vital material for the digital age, along with a dearth of big copper discoveries being made around the world.

Mr Cole said those fundamentals had much more influence on the copper price than the pace of broader economic activity. The International Monetary Fund cut its world economic growth forecasts on January 21 for 2019 and 2020 because of weakness in Europe and emerging markets amid rising worries about trade tensions.

But Mr Cole said copper had special attributes and the medium-term supply and demand projections across the industry meant the depletion rate of existing mines was running ahead of new finds.

"There are just not enough copper discoveries around the world to replace the depletion rate that we're seeing," Mr Cole said.

OZ Minerals CEO Andrew Cole is untroubled by leading economists predicting a slowdown in global economic growth. Arsineh Houspian